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See how verdicts work2-bedroom flat · DH1 1EG
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridgfords Estate Agents are delighted to present to the market this fantastic two bedroom, penthouse apartment with a potential rental yield of 9.5% after fees and located in the popular Durham suburb of Carville.
The apartment is accessed through a spacious and tidy communal hallway and can be found on the second and top floor of the building.
Upon entry into the apartment you are greeted by an entrance hallway with doors to all principle rooms as well as a deep storage cupboard.
Accommodation comprises a family bathroom with modern three piece suite, two double bedrooms with the master enjoying an ensuite shower room just off.
The open plan kitchen/living room is a pleasant space with French doors out to a balcony, a range of wall and base mounted kitchen units and ample space for utilities.
To the exterior the property boasts resident parking, communal gardens and a communal bin store.
The property further benefits from uPVC double glazing throughout, new carpets and decoration, mains water, drainage and electric with individual electric room heaters.
Council Tax Band: B -- EPC Rating: C. Pickering Place is situated within a modern and highly sought-after development in Carrville, offering an excellent location on the outskirts of Durham City.
The property enjoys easy access to a range of local amenities including supermarkets, shops, cafés and leisure facilities, whilst Durham City Centre is just a short drive away, providing an extensive selection of retail, dining and cultural attractions.
The area is exceptionally well connected, with excellent transport links via the A690 and A1(M), regular bus services, and the nearby Park & Ride making commuting straightforward.
The development is also well placed for access to Durham University, the University Hospital of North Durham, and a number of well-regarded schools, making it an ideal location for an investment purchaser.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 19, Pickering Place, Durham
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